The Campolino Company has a defined benefit post$-$retirement health care plan for its employees. To fund the plan, Campolino makes an annual cash contribution to a health care benefit fund on December $31$ of each year. At the beginning of Year $5,$ Campolino amended the plan to provide additional benefits to all employees. Assume that the health care benefit fund pays benefits to employees on December $31$ of each year.

The following facts apply to the plan for the year ended December $31,$ Year $5$:

$\backslash$table$[[$Present value of defined benefit obligation $($PVDBO$)$ on January $1,$$$650,000$